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This note generalizes analytical relationships among activity variables of DEA models previously derived by Boussemart, Briec and Leleu (2007). We relax the asumption of constant returns to scale by showing that the key results hold under a weaker asumption of homogeneity. We use the notion of...
Persistent link: https://www.econbiz.de/10008477285
Production frontiers for the manufacturing sector are estimated to determine a “country specific” catching-up process of Total Factor Productivity (TFP).TFP gains are gauged at the manufacturing industry level for 14 OECD countries over the 1970-2001 period. Our TFP measure does not assume...
Persistent link: https://www.econbiz.de/10008517645
This empirical application investigates the eventual presence of credit constraints using a panel of French farmers. This is the first European application using a direct modelling approach based upon axiomatic production theory. The credit constrained profit maximisation model proposed by...
Persistent link: https://www.econbiz.de/10008518344
This contribution proposes a specification of strictly increasing and decreasing returns to scale in multi-output technologies. Along this line a notion of [alpha]-returns to scale is derived from that of homogeneous multi-output technology. For a large class of technologies we establish...
Persistent link: https://www.econbiz.de/10005283384
Production frontiers for the manufacturing sector are estimated to determine a 'country specific' catching-up process of Total Factor Productivity (TFP). TFP gains were aimed at assessing the manufacturing industry's productive performances for 14 Organization for Economic Cooperation and...
Persistent link: https://www.econbiz.de/10009279674
This empirical application investigates the eventual presence of credit constraints using a panel of French farmers. The credit-constrained profit maximization model proposed by Färe, Grosskopf, and Lee is extended in three ways. First, we rephrase the model in terms of directional distance...
Persistent link: https://www.econbiz.de/10009397741
Successive CAP reforms have increased the exposure of European agriculture to market forces. As a result, farmers have become preoccupied with their competitiveness and have progressively adopted best practices. However, these longrun technological adjustments could be slowed down by eventual...
Persistent link: https://www.econbiz.de/10008611066
This empirical application investigates the eventual presence of credit constraints using a panel of French farmers. The credit-constrained profit maximization model proposed by Färe, Grosskopf, and Lee is extended in three ways. First, we rephrase the model in terms of directional distance...
Persistent link: https://www.econbiz.de/10005324888
Persistent link: https://www.econbiz.de/10005171140
Persistent link: https://www.econbiz.de/10005673075